Hanwha Advanced Materials is a global leader in high-performance and lightweight composite materials and solar materials, possessing innovative technologies. The company leads in convenient living through advanced technologies in future mobility and solar energy. It has established local production and R&D systems in North America, Europe, and China, in addition to South Korea, acting as a trusted partner for its clients.HanwhaAdvancedMaterialsisagloballeaderinhigh-performanceandlightweightcompositematerialsandsolarmaterials,possessinginnovativetechnologies.Thecompanyleadsinconvenientlivingthroughadvancedtechnologiesinfuturemobilityandsolarenergy.IthasestablishedlocalproductionandR&DsystemsinNorthAmerica,Europe,andChina,inadditiontoSouthKorea,actingasatrustedpartnerforitsclients.
Key Products/TechnologiesKeyProducts/Technologies
In lightweight composite materials, StrongLite (GMT) and SuperLite (LWRT) are flagship products, holding the world's number one market share in automotive lightweight composite materials. GMT is a glass mat thermoplastic used in automotive bumper beams, undercovers, underbody covers, seat cushion panels, and back panels. LWRT is a low-weight reinforced thermoplastic applied in automotive headliners and wheel guards.Inlightweightcompositematerials,StrongLite(GMT)andSuperLite(LWRT)areflagshipproducts,holdingtheworld'snumberonemarketshareinautomotivelightweightcompositematerials.GMTisaglassmatthermoplasticusedinautomotivebumperbeams,undercovers,underbodycovers,seatcushionpanels,andbackpanels.LWRTisalow-weightreinforcedthermoplasticappliedinautomotiveheadlinersandwheelguards.
The company offers integrated lightweight composite solutions for electric vehicles, including lightweight seat cushion frames, EV-specific frunks, and composite beds for electric trucks. These components, based on proprietary composite material design and process technologies, reduce weight compared to traditional metal materials while maintaining required strength and stiffness. For EV battery protection, next-generation solutions like battery lower structures and upper cases are under development. These feature integrated designs for optimized part count and approximately 20% weight reduction, incorporating material technology to delay thermal runaway spread during battery fires and EMI shielding performance.Thecompanyoffersintegratedlightweightcompositesolutionsforelectricvehicles,includinglightweightseatcushionframes,EV-specificfrunks,andcompositebedsforelectrictrucks.Thesecomponents,basedonproprietarycompositematerialdesignandprocesstechnologies,reduceweightcomparedtotraditionalmetalmaterialswhilemaintainingrequiredstrengthandstiffness.ForEVbatteryprotection,next-generationsolutionslikebatterylowerstructuresanduppercasesareunderdevelopment.Thesefeatureintegrateddesignsforoptimizedpartcountandapproximately20%weightreduction,incorporatingmaterialtechnologytodelaythermalrunawayspreadduringbatteryfiresandEMIshieldingperformance.
In solar materials, the company produces and supplies Encapsulant and Backsheet, core materials for solar modules. The Encapsulant successfully achieved localization in 2010 and is recognized for its quality by major solar module companies in China, Europe, and Japan. The company leverages over 30 years of sheet manufacturing technology expertise to provide the highest quality solar materials.Insolarmaterials,thecompanyproducesandsuppliesEncapsulantandBacksheet,corematerialsforsolarmodules.TheEncapsulantsuccessfullyachievedlocalizationin2010andisrecognizedforitsqualitybymajorsolarmodulecompaniesinChina,Europe,andJapan.Thecompanyleveragesover30yearsofsheetmanufacturingtechnologyexpertisetoprovidethehighestqualitysolarmaterials.
Ongoing technological development aims for broader application across various industries. New applications include carbon fiber composite Nacelle parts for UAM electric propulsion systems in aerospace, PP-based Oil & Gas Pipe reinforcement tape, and thermoplastic carbon fiber composite power pack ducts for hydrogen fuel cell drones. Development of eco-friendly materials such as ECO-GMT, based on recycled raw materials, and natural fiber-based undercovers, demonstrates a commitment to sustainable solutions.Ongoingtechnologicaldevelopmentaimsforbroaderapplicationacrossvariousindustries.NewapplicationsincludecarbonfibercompositeNacellepartsforUAMelectricpropulsionsystemsinaerospace,PP-basedOil&GasPipereinforcementtape,andthermoplasticcarbonfibercompositepowerpackductsforhydrogenfuelcelldrones.Developmentofeco-friendlymaterialssuchasECO-GMT,basedonrecycledrawmaterials,andnaturalfiber-basedundercovers,demonstratesacommitmenttosustainablesolutions.
Core AdvantagesCoreAdvantages
A dominant position as a global market leader in lightweight composite materials, with StrongLite (GMT) and SuperLite (LWRT) holding the world's number one market share. This represents a key capability in effectively responding to the increasing demand for lightweight and high-performance materials in the automotive industry.Adominantpositionasaglobalmarketleaderinlightweightcompositematerials,withStrongLite(GMT)andSuperLite(LWRT)holdingtheworld'snumberonemarketshare.Thisrepresentsakeycapabilityineffectivelyrespondingtotheincreasingdemandforlightweightandhigh-performancematerialsintheautomotiveindustry.
Provision of customized solutions through innovative technology and a comprehensive product portfolio. The integrated lightweight composite solution for electric vehicles, in particular, is a differentiated technology that simultaneously addresses the critical challenges of weight reduction and safety in the future mobility market.Provisionofcustomizedsolutionsthroughinnovativetechnologyandacomprehensiveproductportfolio.Theintegratedlightweightcompositesolutionforelectricvehicles,inparticular,isadifferentiatedtechnologythatsimultaneouslyaddressesthecriticalchallengesofweightreductionandsafetyinthefuturemobilitymarket.
A global network with local production and R&D systems established in key markets including North America, Europe, and China, beyond South Korea. This strength contributes to stabilizing the global supply chain as a trusted partner for clients.AglobalnetworkwithlocalproductionandR&DsystemsestablishedinkeymarketsincludingNorthAmerica,Europe,andChina,beyondSouthKorea.Thisstrengthcontributestostabilizingtheglobalsupplychainasatrustedpartnerforclients.
Possession of vertically integrated capabilities from material development to component supply. The ability to directly develop composite materials and supply finished components based on these materials offers a technological differentiation compared to competitors.Possessionofverticallyintegratedcapabilitiesfrommaterialdevelopmenttocomponentsupply.Theabilitytodirectlydevelopcompositematerialsandsupplyfinishedcomponentsbasedonthesematerialsoffersatechnologicaldifferentiationcomparedtocompetitors.
Continuous investment in R&D and academic-industrial cooperation to secure future technologies. A 10-year future technology research project with KAIST resulted in 34 patent applications in areas such as next-generation petrochemical materials and energy-saving chemical process technologies.ContinuousinvestmentinR&Dandacademic-industrialcooperationtosecurefuturetechnologies.A10-yearfuturetechnologyresearchprojectwithKAISTresultedin34patentapplicationsinareassuchasnext-generationpetrochemicalmaterialsandenergy-savingchemicalprocesstechnologies.
Strong commitment to eco-friendly and sustainable management practices. The company was recognized for its achievements in climate change response and carbon emission reduction activities by receiving the 2024 CDP (Carbon Disclosure Project) Korea Award for Carbon Management Special Award.Strongcommitmenttoeco-friendlyandsustainablemanagementpractices.Thecompanywasrecognizedforitsachievementsinclimatechangeresponseandcarbonemissionreductionactivitiesbyreceivingthe2024CDP(CarbonDisclosureProject)KoreaAwardforCarbonManagementSpecialAward.
Target IndustrieTargetIndustrie
Automotive Industry: Lightweight and safety-enhancing components for future mobility, electric vehicles, and internal combustion engine vehicles.AutomotiveIndustry:Lightweightandsafety-enhancingcomponentsforfuturemobility,electricvehicles,andinternalcombustionenginevehicles.
Solar Industry: Supply of Encapsulant and Backsheet, core materials for solar modules.SolarIndustry:SupplyofEncapsulantandBacksheet,corematerialsforsolarmodules.
Aerospace Industry: Lightweight composite components for UAM (Urban Air Mobility) and drones.AerospaceIndustry:LightweightcompositecomponentsforUAM(UrbanAirMobility)anddrones.
General Industrial Applications: Various sectors including bathroom ceiling materials, door skins, agricultural equipment, electrical distribution boxes, bathtubs, and lamp housings.GeneralIndustrialApplications:Varioussectorsincludingbathroomceilingmaterials,doorskins,agriculturalequipment,electricaldistributionboxes,bathtubs,andlamphousings.
Electronics Industry: Diverse product lines including electronic material films.ElectronicsIndustry:Diverseproductlinesincludingelectronicmaterialfilms.
Oil & Gas Industry: Specialized materials such as pipe stiffness reinforcement tape.Oil&GasIndustry:Specializedmaterialssuchaspipestiffnessreinforcementtape.
Major MarketsMajorMarkets
South Korea, China, JapanSouthKorea,China,Japan
All of Europe (operating Czech production facility), France (participating in JEC WORLD exhibition)AllofEurope(operatingCzechproductionfacility),France(participatinginJECWORLDexhibition)
North America (acquisition of Azdel Inc. in the US, establishment of EPP plant in Michigan)NorthAmerica(acquisitionofAzdelInc.intheUS,establishmentofEPPplantinMichigan)
Certifications/PatentsCertifications/Patents
Quality Management System Certifications: Acquisition of IATF16949 for automotive quality management systems and ISO9001 for quality management systems.QualityManagementSystemCertifications:AcquisitionofIATF16949forautomotivequalitymanagementsystemsandISO9001forqualitymanagementsystems.
Environmental and Safety & Health Management Systems: Holding certifications for environmental management systems and safety & health management systems.EnvironmentalandSafety&HealthManagementSystems:Holdingcertificationsforenvironmentalmanagementsystemsandsafety&healthmanagementsystems.
Eco-friendly Certifications: Acquisition of eco-friendly certifications such as GRS (Global Recycled Standard) and RCS (Recycled Claim Standard).Eco-friendlyCertifications:Acquisitionofeco-friendlycertificationssuchasGRS(GlobalRecycledStandard)andRCS(RecycledClaimStandard).
Family-Friendly Certification: Newly acquired 'Family-Friendly Certification' from the Ministry of Gender Equality and Family, demonstrating efforts to create a work-life balance culture.Family-FriendlyCertification:Newlyacquired'Family-FriendlyCertification'fromtheMinistryofGenderEqualityandFamily,demonstratingeffortstocreateawork-lifebalanceculture.
Excellence in Carbon Management: Recognized for achievements in climate change response by receiving the 2024 Carbon Management Special Award from CDP (Carbon Disclosure Project).ExcellenceinCarbonManagement:Recognizedforachievementsinclimatechangeresponsebyreceivingthe2024CarbonManagementSpecialAwardfromCDP(CarbonDisclosureProject).
Technology Patents: Completion of 34 patent applications in next-generation petrochemical materials and energy-related fields through a future technology research project with KAIST. Successful validation of two PERC cell-related solar patents in China.TechnologyPatents:Completionof34patentapplicationsinnext-generationpetrochemicalmaterialsandenergy-relatedfieldsthroughafuturetechnologyresearchprojectwithKAIST.SuccessfulvalidationoftwoPERCcell-relatedsolarpatentsinChina.
Awards: Recipient of the Korea Engineer Award for contributions to automotive lightweight components and noise reduction technology development.Awards:RecipientoftheKoreaEngineerAwardforcontributionstoautomotivelightweightcomponentsandnoisereductiontechnologydevelopment.
Introduction
Location
86 Cheonggyecheon-ro, Jung District, Seoul, South Korea
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Information
86 Cheonggyecheon-ro, Jung District, Seoul, South Korea